Goodricke Group Balance Sheet Health
Financial Health criteria checks 3/6
Goodricke Group has a total shareholder equity of ₹3.1B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are ₹7.5B and ₹4.4B respectively.
Key information
40.1%
Debt to equity ratio
₹1.26b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹209.50m |
| Equity | ₹3.14b |
| Total liabilities | ₹4.41b |
| Total assets | ₹7.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500166's short term assets (₹3.9B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 500166's short term assets (₹3.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 500166's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 500166's debt to equity ratio has increased from 36.7% to 40.1% over the past 5 years.
Debt Coverage: 500166's debt is not well covered by operating cash flow (1%).
Interest Coverage: Insufficient data to determine if 500166's interest payments on its debt are well covered by EBIT.